A movement, not a moment
Consumers will demand that the energy transition progresses even if it is temporarily knocked off course by Covid-19
It is difficult to reconcile the conversations that we are having today about oil and gas with the ones that we were having just a few short months ago. As the new decade unfolded, the focal point was how oil and gas companies were going to survive in the face of relentless pressure from citizens, governments and investors to decarbonise the energy complex. Today, we are talking about how oil and gas companies are going to survive in the face of the most profound disconnect in history between the amount of oil that is available and the amount of oil that consumers and businesses will buy. $7tn Estimated cost of the energy transition Notwithstanding current circumstances, the trend to
Also in this section
1 April 2026
Emerging industry must work with policymakers to convince a broader pool of investors to buy into its long-term potential
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment






